Bullboard - Stock Discussion Forum Spectral Medical Inc T.EDT

Alternate Symbol(s): EDTXF

Spectral develops devices for unmet medical needs. Sepsis occurs in 1.7M Americans/year causing 250K deaths, often caused by endotoxin. Our devices measure and remove endotoxin from the bloodstream. An FDA confirmatory trial is underway. Dialco, a Spectral sub, offers SAMI, a novel instrument for renal replacement, cleared by FDA. Dialco is seeking FDA approval for DIMI a unique home dialysis... see more

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Spectral Medical Inc > No Transparency, No Results, No Responsibility.

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Post by hmmmmmmmm on Jan 15, 2023 12:21pm

No Transparency, No Results, No Responsibility.

It’s been revealed that Cook is slated to take a 40% pay cut in 2023 and the adjustment was made by the CEO himself. Endgadget reports that Apple’s annual advisory meeting with the shareholders in 2022 saw that only 64% of the “Say on Pay” votes cast were in favor of executives retaining their 2021 pay packages. Although it was still a majority, the numbers are a far decline in approval. The year prior saw 94.4% …

These guys won’t cut salaries, warrants or staff- even though they have lost control of DIMI/ SAMI, and have come nowhere close to their “worst case scenario” on the Tigris trial.

They will continue with No transparency, No results, No Responsibility.

1 million burned a month without results.

Where is the BOD?

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Comment by Rickkie on Jan 16, 2023 3:40pm

Hmmmmmmmmmmm, doubt very much these guys would ever consider a pay cut. Afterall, they work too hard (difficult not to be sarcastic)! Considering the continuing lack of progress, one has to wonder what exactly do they do at the job each day to justify their pay cheques.

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